Netflix<\/a> that would give them a bonus should it meet viewership thresholds. Typically, Netflix pays just an upfront fee rather than offering viewership incentive bonuses.<\/p>\n\n\t\u201cWe built Artists Equity on the belief that filmmakers should share in the value they bring to a project,\u201d said Affleck and Damon in a statement. \u201cThe incredible cast and crew of\u00a0The Rip\u00a0are no exception. They each played a critical role in making this film the success that it is. We are grateful for their work and glad to see it connecting so deeply with audiences. We\u2019d also like to thank Netflix for their belief in this project and the unique structure around it. This is a great proof point for our new partnership, and we\u2019re confident it will be just the first in many shared hits.\u201d<\/p>\n
\n\tThe crime drama bowed in January to 41.6 million views over its first three days and hailed from director Joe Carnahan.<\/p>\n
\n\tArtists Equity launched in 2022, with financing from Gerry Cardinale and his RedBird Capital Partners, and touted a business model in which everyone who worked on a movie would receive a piece of the profits. <\/p>\n
\n\tThe company has a first-look at Netflix that began in March in the wake of The Rip. Coming up, it has the Affleck-directed Animals set for Netflix. He stars opposite Steven Yeun, Kerry Washington and Gillian Anderson.<\/p>\n
\n\tAffleck and Damon first revealed their deal<\/a> with Netflix for a potential Rip bonus back in January, with Affleck stating at the time, \u201cWe wanted to institute fairness and address some of the real issues that are present and urgent for our business.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"The 1,200-person team behind The Rip has scored some additional compensation for their work. Ben Affleck and Matt…\n","protected":false},"author":2,"featured_media":668736,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[8],"tags":[173285,4267,49,48,75,26831,1316],"class_list":["post-668735","post","type-post","status-publish","format-standard","has-post-thumbnail","category-entertainment","tag-artists-equity","tag-ben-affleck","tag-ca","tag-canada","tag-entertainment","tag-matt-damon","tag-netflix"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/668735","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/comments?post=668735"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/668735\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media\/668736"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media?parent=668735"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/categories?post=668735"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/tags?post=668735"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}